Ashneer Grover seems to have lived numerous lives in a many times where utmost people’s one life was hovered by the Covid-19 epidemic. In just over three times, his fintech incipiency BharatPe has come among India’s biggest fintechs, and entered a coveted banking license that indeed escaped larger and further influential company Paytm and its author Vijay Shekhar Sharma. Its valuation zoomed to nearly$ 3 billion, making the 3 time-old establishment India’s third most precious fintech for a many months.
Behind the scenes however, a hectically different set of effects were passing. BharatPe’s workers were leaving in droves due to a poor and cautioning work culture, and Grover stepped back for Suhail Sameer to take charge of diurnal affairs of the company.
And in the last week effects really hotted up. Grover was plant in a blurted audio to be verbally abusing and screaming at a Kotak Mahindra Bank hand for not getting allocation to Nykaa’s Original Public Offering (IPO). While Grover denied the claims, the substantiation is now irrefragable. This, added with his unfriendly and abrasive geste on Shark Tank India, the Indian edition of the US- grounded famed entrepreneur-investor reality show, didn’t help. Moneycontrol summarizes everything that has happed so far.